Raw gold
Active Awarded Last action
- Contract number
- 0060
- Awardee
-
Coins \'N Things, Inc. UEI GHHZCMTGD6J4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,653,472
Award facts
- Contract value 100% obligated
- $2,653,471.79 Current and potential, with all options
- Completion date 81% complete
- Current and potential, with all options
- Contracting staff
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Bridgewater, MA 02324, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Additional Work (new agreement, FAR part 6 applies) | $1,579,085 | |
| Original award | $1,074,386 |
About this award
This is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian federal agency, to Coins 'N Things, Inc., a for-profit Subchapter S corporation based in Bridgewater, Massachusetts. The contract, valued at $2,653,471.79, is for the delivery of raw gold commodities to support the Mint's coin production programs. The contract has an ultimate completion date of May 30, 2030 and was awarded on November 24, 2010 without a set-aside designation, indicating Coins 'N Things, Inc.'s competitive positioning as the sole supplier of bullion coins to the U.S. government. Additionally, Coins 'N Things, Inc. holds a $10 billion multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract with the United States Mint, which serves as a basic ordering agreement to provide raw silver and gold materials on an as-needed basis to support the Mint's ongoing coin production and bullion programs.
Quick answers
Who was awarded contract 0060?
0060 was awarded to Coins \'N Things, Inc. by United States Mint (Department of the Treasury) on November 24, 2010.
How much is contract 0060 worth?
The government has obligated $2,653,472 on 0060.
Is contract 0060 an order under another contract?
Yes. 0060 is a delivery order under TMHQ10C0044, an indefinite delivery contract.
Was contract 0060 competed?
The extent of competition for 0060 was full and open competition. The government received 2 offers.
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